The First Time Home Buyers' Program reduces or eliminates the amount of property transfer tax you pay when you purchase your first home. To qualify for a full exemption, at the time the property is registered you must:

• be a Canadian citizen or permanent resident
• have lived in B.C. for 12 consecutive months immediately before the date you register the property or filed at least 2 income tax returns as a B.C. resident in the last 6 years
• have never owned an interest in a principal residence anywhere in the world at any time 
• have never received a first time home buyers' exemption or refund

and the property must:

• be located in B.C.
• only be used as your principal residence
• have a fair market value of:
  • $425,000 or less if registered on or before February 18, 2014, or
  • $475,000 or less if registered on or after February 19, 2014
• be 0.5 hectares (1.24 acres) or smaller

Vancouver East Report December 2016 by Ivy on Scribd

Burnaby North December Report 2016 by Ivy on Scribd

Burnaby South Report December 2016 by Ivy on Scribd

Vancouver West Report December 2016 by Ivy on Scribd

Burnaby East Report December 2016 by Ivy on Scribd

Richmond Townhouse has out performed detached house in December 2016. It might be a good time to invest in Condos and Townhouses in Richmond now. 

 Check out the stats here: https://drive.google.com/file/d/0B7YP8yHWKHpod2tJNG0yTkhQelE/view